Dollar Index Slides to 14-Month Low as ECB Holds Rates, Divergence Widens
The U.S. Dollar Index (DXY) fell below 100 for the first time since January 2025 as the European Central Bank maintained its rate at 3.75%, creating the widest transatlantic rate differential in over a decade. EUR/USD surged to 1.1240.
Hans Mueller·1h ago